We like Trump's policy on coal, CSX CEO says

Donald Trump's support of the coal industry is sitting well with CSX CEO Michael Ward.

The railroad company has seen a big decline in its coal business, with freight volumes down 21 percent and revenue down 20 percent in the three months ending Oct. 31.

While Ward didn't outright endorse the Republican nominee for president, he told CNBC's "Closing Bell," "We certainly like his policy on coal."

"Secretary Clinton, I think, is less sanguine on coal," he added.

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Trump claims he will revive American coal companies and said in Sunday's debate that Democratic nominee Hillary Clinton wants to put the miners out of business. Clinton's plan focuses on shifting to clean, renewable energy.